CBRE Brokers Acquire Retail Property In Colorado Springs For $12.15M

The retail property located at 5881-5975 North Academy Boulevard in Colorado Springs, CO has been sold. The property spans 6.93 acres and features a total square footage of 103,552. The sale took place on June 1, 2022, and was facilitated by Parker Brown, Matthew Henrichs, and Brad Lyons from CBRE. The sale price for the property amounted to $12,150,000, resulting in a price per square foot of $117.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $12,150,000
• Square Footage: 103,552
• Price Per Square Foot: $117
• Address: 5881-5975 North Academy Boulevard, Colorado Springs, CO
• Market: Colorado Springs, CO

Parker Brown, Matthew Henrichs, and Brad Lyons from CBRE were the representatives involved in this property sale transaction. They played a crucial role in facilitating the successful sale of the retail property located at 5881-5975 North Academy Boulevard.